CIB Budget Gets a Little Better
The President of the Capital Improvement Board says the agency’s finances are a lot better than they were back in 2007, even though it will have to dip into reserves to cover an estimated $20 million shortfall.
The municipal corporation approved a $147 million budget, which includes the costs of salary increases, health insurance and numerous capital projects for Bankers Life Fieldhouse and Lucas Oil Stadium.
However, Earl Goode tells Indy Politics the CIB has to prepare to cover the expenses of a number of prior commitments including a $37 million investor payment on Circle Center Mall in 2017.
Goode says once …read more
Via: http://indypolitics.org/2015/08/24/cib-budget-gets-a-little-better/
About author
You might also like
Get Ready For The Biggest Week Yet In The GOP Race For President
By Jessica Taylor Republican presidential hopefuls are about to get their biggest test yet as they battle to make it onto the debate stage Thursday and woo voters who are
Canada police say 14 dead after hockey bus crash
[unable to retrieve full-text content]NIPAWIN, Saskatchewan (AP) — Canadian police said early Saturday 14 people were killed and 14 people were injured after a truck collided with a bus carrying
Ellen Pao Out As Reddit CEO
By Krishnadev Calamur Pao has been at the center of a controversy following the still-unexplained dismissal of a popular figure in the site’s r/IAmA section. She is being replaced by
